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Benzinga
Benzinga
Business
Vaishali Prayag

What's Going On With AppLovin Shares Today?

Jakarta,-,August,15,2024:,Applovin,Corporation,Logo,Signboard.,Is,An

Applovin Corp. (NASDAQ:APP) shares are trading lower Tuesday continuing a decline that began in Monday's after-hours session after The Trade Desk Inc. (NASDAQ:TTD) was selected to join the S&P 500.

What To Know: The S&P Dow Jones Indices announced that The Trade Desk will replace Ansys Inc. in the index, effective July 18. Inclusion in the S&P 500 often brings increased exposure and demand from index-tracking funds, which can act as a catalyst.

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